Conference Scene |
According to the report at the Conference, in the first 6 months of the year, the Board of Directors of the District Social Policy Bank closely followed the direction from the District Party Committee, the District People's Committee, as well as the Board of Directors of the Provincial Social Policy Bank and the Provincial Social Policy Bank to effectively implement credit programs.
This close coordination has helped credit policies be harmoniously integrated with socio -economic development tasks and the national target program on sustainable poverty reduction and new rural construction.
Leaders of the Transaction Office of the People's Credit Fund of Duc Trong district reported a summary of the activities of the People's Credit Fund of the district in the first months of the year. |
Notably, the Board of Directors has actively advised the District Party Committee, the District People's Committee and the Head of the Board of Directors to promptly issue important directives, especially the implementation of Directive No. 39-CT/TW dated October 30, 2024 of the Central Party Secretariat on improving the effectiveness of social policy credit in the new period.
The District People's Committee has also proactively balanced the local budget, transferring 9 billion VND of entrusted capital to the Vietnam Bank for Social Policies from the beginning of the year to promptly lend to poor households and policy beneficiaries.
Mr. Vo Huu Xuan - Vice Chairman of the District People's Committee, speaking at the Conference |
In the first 6 months of 2025, many important targets exceeded the plan: Local investment trust capital reached 128.6%, capital mobilization target reached 101.2% and debt collection rate reached an impressive 99.22%.
In particular, there is 1 socio -political organization that receives the trust at the district level and 6 communes that have no overdue debt, confirming that credit quality is maintained at a high level. The rate of Savings and Loan Groups classified as good and quite accounts for 99.23%.
Mr. Nguyen Huu Quang - Deputy Director of the Provincial Social Policy Bank, speaking at the Conference |
The quality of policy credit in the first 6 months of 2025 of all 15 communes, towns and the District Social Policy Bank Transaction Offices were all classified as good.
Transaction activities at commune transaction points continue to be maintained in order, ensuring absolute safety for people and property, bringing convenience to people.
Awarding certificates to groups |
Policy credit programs have been implemented in a timely and seasonal manner, creating favorable conditions for poor households and other policy beneficiaries to have capital to invest in production and overcome difficulties. Specifically, 25 poor households, 71 near-poor households and 44 households that have just escaped poverty have received loans.
Policy credit also contributed to creating jobs and increasing employment for 560 workers, helping 1,054 households repair and build new clean water facilities and standard toilets.
At the same time, 352 students received loans to cover their study expenses and 9 customers received loans to buy houses in Phu Hoi Industrial Park, and 2 customers who completed their prison sentences received support to reintegrate into the community according to the policy.
Awarding certificates to individuals |
In addition to the positive results, the report also pointed out some shortcomings and problems that need to be overcome. The overdue debt rate remains at 0.08%, higher than the average of the whole province (0.05%), in which the overdue debt managed by the Farmers' Association increased by 8 million VND compared to the beginning of the year. In particular, there are 59 cases of customers leaving their place of residence with the principal amount of 1,459.8 million VND, posing a potential risk of increasing overdue debt in the coming time.
The rate of Savings and Loan Groups classified as good reached 96.17% and still needs further improvement, and the rate of customers registering to use the Mobile Banking service of the Social Policy Bank only reached 43.53% (6.5% lower than the set target), with some localities having low activation rates.
Awarding certificates to individuals |
To complete the goals by the end of 2025, the Board of Directors of the People's Credit Fund of Duc Trong district and the People's Credit Fund of the district have set out many key directions and tasks, such as: Actively advising local Party committees and authorities to effectively implement Directive No. 39-CT/TW and the development strategy of the People's Credit Fund to 2030.
On the other hand, continue to improve credit quality, especially the recovery of bad debts and debts of customers who have left their place of residence to preserve capital; promote the implementation of Mobile Banking services of the Social Policy Bank, strive to achieve a rate of customers activating and regularly using accounts of 50% or more; strengthen coordination between the Social Policy Bank and socio-political organizations in professional training, guiding borrowers on how to do business, transferring science and technology...
On this occasion, 27 collectives and 48 individuals with outstanding achievements in policy credit activities in the first months of 2025 received certificates of merit from the Board of Directors of the People's Credit Fund of Duc Trong district.
Source: https://baolamdong.vn/kinh-te/202506/duc-trong-tin-dung-chinh-sach-xa-hoi-dat-nhieu-ket-qua-quan-trong-6190670/
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